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Jesse's Café Américain

"Every sin is an attempt to fly from emptiness. Hell is a nothingness which has the pretension and the illusion of being. A mere chance can strip us of our possessions — except the power to say ‘I’. That is what we have to give to God — in other words, to sacrifice. There is no other free act which is given us to accomplish — only the surrender of the ‘I’."
Simone Weil, La pesanteur et la grâce, 1947

31 December 2010

Gold Daily and Silver Weekly Charts





Posted by Jesse at 12:04 AM
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Category: gold daily chart, silver weekly chart

SP 500 and NDX March Futures Daily Charts







Posted by Jesse at 12:03 AM
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Category: NDX Daily Chart, SP Daily Chart

30 December 2010

NYSE Margin Debt Back to Year 2000 Pre-TechCrash Levels



I wonder if Benny is willing to take it to the limit one more time.


Chart from Brian at ContraryInvestor



Posted by Jesse at 6:35 PM
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Lent

Lent
Repentance, Forgiveness, Thankfulness

LE CAFÉ AMÉRICAIN

LE CAFÉ AMÉRICAIN

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Our Daily Prayers

Let us pray for those whose hearts are hardened against His grace and loving kindness by greed, fear, and pride, and the seductive illusion and crushing isolation of evil.

We pray that we all may experience the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness. And in so doing, may we obtain abundant life, and with it the peace that surpasses all understanding.

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Need Little - Want Less - Love More

These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. My comments are intended to be reflection on general macro financial and economic events and trends.